Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Ferki on April 20, 2021, 06:20:58 PM
-
First of all, I would like to explain my definition of crypto winter to you. For me, a crypto winter would mean a state where the entire market would slide below 50% of its current value for 5-10 months. That means the total market value would be less than 1 trillion or even more for a longer period of time.
What many have experienced here in 2018-2019. Those who have been in crypto for a long time will surely tell us about 2011 as the first crypto winter, when Bitcoin went down from $32 to $2. Or even in 2013-2014 when Bitcoin slipped from $1200 to $200. The last time we had a situation where the market or Bitcoin went down 10% and 2 days later again, but so far the market has recovered a bit. If, however, the market does not recover as quickly and the 5-10% is the usual rate for a longer period of time, then a spiral will prevail that will pull us all downwards.
There is currently no reason for it.
What reasons did we have back then? What were the triggers?
2011 was an irrational Bitcoin euphoria. This is currently not the case, but it could happen with the 100k because the number is simply so large for many new investors.
In 2014 it was Mt.Gox, the largest centralized exchange at the time, that was hacked. Or were the insider deals done, you don't really know. We have a lot of them today and at least 3 would have to be hacked at the same time for the trigger to take effect.
In 2018 it was the ICOs, referred to as shiny objects .
2020 we had Covid-19 crash.
That could be called a black swan, but I'll tell you more about that a little later.
The electricity failure that happened the other day can lead to a crash, no question, but a winter?
In my opinion that is unlikely, there will be panicked sales, but that would be more of a crash than winter.
Quantum computer improvements and hacks are also not relevant for me in the near future.
Cryptography is also evolving, and the hackers must first own the quantum computers, which is not easy either
What about Satoshi? If he decides at once the whole 2Mio. Bitcoin he owns to sell? Of course, this can lead to a chain reaction. Unlikely for me.
Stricter regulation can lead to such a thing, including an increase in taxes, especially on unrealized profits but on property.
These are the 2 things that could be heading towards winter for me. Because that is exactly what can lead to a sell-off, even with large investors, and consequently to a crypto winter.
For me, however, the greatest danger is the end of the pandemic. Suddenly everyone who has missed his vacation and has invested his money in crypto and has won 1000% will have his profit again, sell his crypto to finally have some joy again. I am one of them.
This is all just my own opinion, I would be very interested, what other reasons are there?
Is there anything else I could prepare for?
What did i forget?
I would be very grateful to you for your participation in this poll.
-
For me, I think it's regulation, the only thing I think can cause maybe a long crypto winter is regulation, but this is unlikely to happen though, if the government happen to impost strict regulations on crypto investments on its citizens, it might cause the faint at heart to rush and sell off their holding to avoid loss of fund, but if on the other hand this happens and it does not move the market down, then am assuming that nothing will cause the market to slide into a winter season except something stronger than the ones you listed above.
-
Crypto winter is quite possible in 2022. Everything is planned in our world in advance. And a lot of pretexts and excuses will be found ... Let's enjoy 2021 ..
-
+
In my opinion, for no reason at all above.
Crypto winter comes simply because whales are satisfied with the returns and the bull market is over. BTC price has been x10, Altcoins price has also been x50-x100, when the psychological peak of FOMO has been surpassed, people will sell off because of FUD and the crypto season hits like fate.
I don't believe that super cycle will come yet, at least in the short term when crypto is still an unofficial concept in the global market.
-
Now the price of bitcoin has reached pretty decent values and even after the recent drop it is more than $ 55,000. I think that the reason for the crypto winter may be panic among bitcoin holders due to any negative information about the cryptocurrency. This information can be different, moreover, fictitious or true. If the holders of the cryptocurrency see that it began to fall and this continues for a certain time, then panic may simply begin due to the fear of losing their large amounts of money in cryptocurrency.
-
I think we can see a big dump or a bearish run in the crypto market. Because the market is pumping hard but now it is time to down the price but it is still some months remaining before the crypto winter season starts. But it will occur definitely for sure no one can prevent it.
-
Crypto winter is sure to start due to regulators. Now the regulators are just hiding and waiting for the next command from above. Since the growth of the crypto market has been going on for a long time, I think something should start in the fall.
-
First of all, I would like to explain my definition of crypto winter to you. For me, a crypto winter would mean a state where the entire market would slide below 50% of its current value for 5-10 months. That means the total market value would be less than 1 trillion or even more for a longer period of time.....
This is all just my own opinion, I would be very interested, what other reasons are there?
Is there anything else I could prepare for?
What did i forget?
I would be very grateful to you for your participation in this poll.
To begin with, I will say that the author is well done and deserves a +1 increase in karma! You ask good questions. Many of the above can be a trigger for the beginning of the stagnation of the cryptocurrency market, I believe that there should be some kind of global, natural or economic cataclysm, or a failure in the work of future projects in the crypto industry, which is unlikely but it can not be excluded!
-
Now the price of bitcoin has reached pretty decent values and even after the recent drop it is more than $ 55,000. I think that the reason for the crypto winter may be panic among bitcoin holders due to any negative information about the cryptocurrency. This information can be different, moreover, fictitious or true. If the holders of the cryptocurrency see that it began to fall and this continues for a certain time, then panic may simply begin due to the fear of losing their large amounts of money in cryptocurrency.
Something must trigger this panic, you mean bad news can trigger something like that? I think that you can only trigger a crash with this, but a winter that lasts at least 6 months?
Difficult to imagine for me but +1 for an idea that I did not mention as a possible crypto winter trigger.
-
First of all, I would like to explain my definition of crypto winter to you. For me, a crypto winter would mean a state where the entire market would slide below 50% of its current value for 5-10 months. That means the total market value would be less than 1 trillion or even more for a longer period of time.....
This is all just my own opinion, I would be very interested, what other reasons are there?
Is there anything else I could prepare for?
What did i forget?
I would be very grateful to you for your participation in this poll.
To begin with, I will say that the author is well done and deserves a +1 increase in karma! You ask good questions. Many of the above can be a trigger for the beginning of the stagnation of the cryptocurrency market, I believe that there should be some kind of global, natural or economic cataclysm, or a failure in the work of future projects in the crypto industry, which is unlikely but it can not be excluded!
Ok, nice, a natural disaster that might hit the largest mining farms, something like a meteorite. Which in turn can lead to further disasters, such as tsunami or flooding. Earthquakes can also include, volcano eruptions etc.. But they have to be very tough, harder than the pandemic now. But +1
-
In my own view, the Bitcoin winter can happen anytime even for seemingly worthless reasons. This is one standard feature with Bitcoin and cryptocurrency...things can unravel even for the smallest reasons and sometimes for no reason at all. However, am not yet seeing this to happen in the next few months and possibly not in 2021. And if ever this can happen it would be so short-lived.
-
I think we are seeing a big dump or bearish run in the crypto market. Because the market is pumping hard and now is the time to reduce prices, there are still months to go before the crypto winter season begins. However, it must be ensured that no one can stop it.
-
Of course, crypto winter can happen again, you need to be prepared for this. Only I don't think it will start this year, he still needs to gain strength from the last protracted crypto winter.
-
In my own view, the Bitcoin winter can happen anytime even for seemingly worthless reasons. This is one standard feature with Bitcoin and cryptocurrency...things can unravel even for the smallest reasons and sometimes for no reason at all. However, am not yet seeing this to happen in the next few months and possibly not in 2021. And if ever this can happen it would be so short-lived.
So that I understand correctly, you claim the whole crypto system, which was built on trust, can just crash for no reason like a card house?
2021 or later, that doesn't matter, but without reason or warning? Just because?
-
I believe in May-June we will see the growth of cryptocurrencies, July-August will bring some decline, and from October to December we will see a major increase in the price. It is too early to panic.
-
I don't think anyone will ever know what will happen, it's just that I have recently seen a lot of news about this Satoshi, and I think it's very possible that he could sell his Bitcoin and this could make Bitcon's price go down. This will be the turning point of the continuous increase in Bitcoin.
-
Now many analysts expect a correctional fall in the 38-42K range. Well, it will be similar to the development of events in 2017, if then the price goes up again.
-
I also agree with you about the pandemic, when it passes, and it somehow passes, then all people will be busy not online but offline and the market will decline, I am sure of this, perhaps this factor will entail a crypto winter.
-
I still think it is a correction, it may be more or less big, but I don't think it will last long. The pandemic I don't think has much to do with it, I don't think the people who have invested the most are going to stop doing it after the pandemic or forget about cryptocurrencies. I also believe that panic is an important actor, many people without experience investing, they are the first to flee and sell.
-
Certainly, nobody knows now crypto winter coming again or not. If we see the last 5 days of the market movement it is not good for the holders. The market dropped hard. You told us several reasons and might be one of them can trigger the crypto winter but we should not be pessimistic we should remain optimistic. Strict regulations worldwide on cryptos can cause another crypto winter but we can not predict this exactly.
-
I think that so far it is just a correction, which will soon be over, and in 2-3 months, closer to the summer, may begin a decline or even crypto winter
-
My answer is taxes. Regulation of cryptocurrency can lead to high interest rates to pay for the use of cryptocurrency. Many began to leave the cryptocurrency market and not only, at the sight of 43.4% https://www.bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy (https://www.bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy) . This is a very high figure. I hope that the decline in the price of bitcoin will not continue, we will see an upward, bullish trend.
-
It takes time to learn crypotcurrency because digital is full of very small buttons and it is very risky if we press the wrong button.
For example, if we buy the coin above and if we press the wrong button when the price goes down then we will experience a loss because of an error pressing the "Sell" button when the price is below the price.
-
I think that so far it is just a correction, which will soon be over, and in 2-3 months, closer to the summer, may begin a decline or even crypto winter
Well, the recession has indeed arrived. After an unprecedented price rise for more than six months, this was inevitable. True, I hoped that this would happen a little later. Elon Musk, with his statement that bitcoin consumes too much energy, and even from carbohydrate sources, has accelerated the last significant drop in prices in this market. Now the price practically stands still, as much as possible in a market with very high volatility. I think this state will continue until autumn, or rather, somewhere until October. After that, the next wave of growth will begin. I do not expect cryptozymes yet.
-
My answer is taxes. Regulation of cryptocurrency can lead to high interest rates to pay for the use of cryptocurrency. Many began to leave the cryptocurrency market and not only, at the sight of 43.4% https://www.bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy (https://www.bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy) . This is a very high figure. I hope that the decline in the price of bitcoin will not continue, we will see an upward, bullish trend.
I do not think that in the near future we will have a crypto winter on the cryptocurrency market with a fall in cryptocurrency prices by more than 50 percent. The imposition of high taxes by states cannot lead to a general fall in prices. If some of the market participants leave the cryptocurrency, this should not affect prices, of course, unless a large amount of cryptocurrency is put up for sale.
Now on the market, on the contrary, there are good conditions for a further significant rise in prices. Bitcoin has already risen in price to $ 66,000 and ethereum to $ 4,774. Apparently this is just the beginning..
-
Thankyou for explain nicely. I think Now bull market. And this bull market will continue 2022. Now world economy day by day depending on cryptocurrency market. Bow it’s marketcap increasing day by day. I think we don't see winter recently. Now being very popular cryptocurrency market speedily. In corona situation many people depend on cryptocurrency. So i think winter in cryptocurrency will not happen within this year.
-
Its really observed that the whole market is doing well at this moment which is a good sign for investor in the crypto market. Because people will be more profitable from this time. Right now the market trends is going to the moon so its time for investors and bounty hunters. So we can tell that the crypto winter is coming again now.
-
I guess this year there is probably no winter for the crypto space
where in general people are making economic improvements after the corona virus
so that market activities can be assured that it is still green even though it is only 20-30%
-
I think that so far it is just a correction, which will soon be over, and in 2-3 months, closer to the summer, may begin a decline or even crypto winter
Yes, some drops lately are just corrections, don't worry about them. But for the next few months, we don't know what to happen in crypto market, a bearish probably come soon. Some experts have predicted that the bearish season may start in the next year, surely no certain date or month. Till now, we only can guess the time for bearish, but when it really comes, no one knows!
-
Looking at the current market, it seems that winter is a little late in the market. We can see that the bitcoin market is currently growing. However, what will happen in 2022 is not going to be predicted in such a way Many are saying that the price of Bitcoin will go down a lot in 2022. Again some say bitcoin will grow a lot in 2022. But I think the bitcoin market could grow substantially in 2022.
-
yes mate when i look forward to the coinmarket cap then the image of the graph make me happy. How the indicator arrow goes to the moon. All investors and trader are waiting for this session. The winter is coming back so enjoy the session as much as you can.
-
Yes, the market is now very good for investing in short-term investments, you can earn a little on this period of time. What about the crypto winter, it will probably drag on after all and come a little later than that year.
-
Crypto winter is quite possible in 2022. Everything is planned in our world in advance. And a lot of pretexts and excuses will be found ... Let's enjoy 2021 ..
One of the major disadvantages of mining is the excessive misuse of electricity and energy resources in the country. That's why other countries, including China, have imposed strict bans on bitcoin mining.
-
Yes, the market is now very good for investing in short-term investments, you can earn a little on this period of time. What about the crypto winter, it will probably drag on after all and come a little later than that year.
Well, the crypto winter is already going on for the seventh month and it is not yet visible that it will end. Bitcoin has recently fallen below $20,000 and ethereum below $1,000. It is very interesting that in this market everything happens in cycles. There were crypto winters in 2014, 2018, and now in 2022, that is, every four years. We also know that bitcoin halving occurs every four years, after which it grows as much as possible in price throughout the year, and the entire market grows with it. Therefore, this period will soon end.
-
You are watching. Currently, the crypto market is in a downturn. I think . It can't emerge so emerge. Perhaps, it will take time for the market to reach its peak level now. We all have to be patient.
-
Probably this is coming and everyone will have to wait for the market to start growing, look for projects in which you will invest while the entire cryptocurrency is falling. How long it will last is unknown, maybe it will even be delayed.
-
Crypto winter is here for like 8 months already... I forsee one more year. Its needed so all the scamcoins, shitcoins, memecoins, foodcoins and nft garbage are flushed out of the system. Also, american democrats are bad for bitcoin,,, republicans are better and they will win elections in november.
-
You are watching. Currently, the crypto market is in a downturn. I think . It can't emerge so emerge. Perhaps, it will take time for the market to reach its peak level now. We all have to be patient.
I believe that we have not yet reached the true dip and that what we see today is just a bear trap. But on the other hand, I also think that when we get to the real dip, the market will go back up pretty quickly, I don't mean a bull run, but something like that. There are many investors waiting for Bitcoin to drop to $16,000 - $17,000 to buy large amounts and also every day more Bitcoins go out to cold wallets, we will see what happens in the coming days and the direction the market takes.
-
if the broad market index shows a drop-and so far everything is very similar to this -no levels of purchases in cryptocurrencies will stand. The market will crash down.
-
Yep, bear market will last till 2023, I believe. Hopefully, the next Bitcoin halving news will pump price again for the next bull market. Just like usual cycle, however, this comment below probably will make some difference:
if the broad market index shows a drop-and so far everything is very similar to this -no levels of purchases in cryptocurrencies will stand. The market will crash down.
It's the first time market crash since Bitcoin released CMIIW, so I don't know if the "usual cycle" will repeat.
-
If everything is as you say, then we will see the market fall and this means that someone will have a long winter.
-
Right now, I think the crypto winter is over after 18 months. The market has recovered and we see BTC up 50%, hope we won't have a new bottom below 15.5K in 2023.
BTC Halving will come next year, the market needs the return of investors.
-
i think decentralized social media is the next big thing in crypto do u heard name of #twtzer deso which is sounds like Twitter 2.0
-
let's talk about the new Deso Twtzer, a decentralized social media platform that allows users to distribute content seamlessly.